The Board of Directors of Allied Bank Limited has appointed Tahir Hassan Qureshi as the new Chief Executive Officer effective June 17, 2015, subject to approval of the State Bank of Pakistan. Qureshi, who is currently the Chief, Finance Group and Chief Financial Officer (CFO), joined the Bank in April 2008 and has played a leading role in it expansion. He is also the fellow member of the Institute of Chartered Accountant of Pakistan and has diversified experience of more than 26 years where he has held senior management position in Finance, Taxation and Corporate Affairs.
He started his banking career from the Bank of Punjab (BOP), where he was part of the team in getting the 'scheduled commercial bank' license from the State Bank of Pakistan and in transforming the Bank to carry its activity across Pakistan as a 'commercial bank'.
Qureshi was also associated with Habib Bank Limited and during his tenure as senior team member and Head of Finance, played an important role in rehabilitation of the Bank to offer for sale under the Government privatisation process.
During his stint at MCB, he contributed towards strengthening and growth of the Bank including establishing Islamic Banking Division, Right Issue offerings and listing of GDR on the London Stock Exchange.
He is a member of the Institute of Chartered Accountants of Pakistan on Banking Committee and Pakistan Banking Association's sub-committee on Accounting and Taxation. Apart from various seminars and conferences he has also represented Allied Bank Limited on World Economic Forum New Champions annual sessions.-PR